Latinos Unidos En Massachusetts Inc

Analysis

Latinos Unidos En Massachusetts Inc is a registered charity in United States, based in Everett, MA. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Latinos Unidos En Massachusetts Inc reported income of $95k and spending of $145k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $214k to $95k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Latinos Unidos En Massachusetts Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Cookson Hills Electric Foundation Inc ($95k), Sky Cross Inc ($95k) and Holistic Plan of Care Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.